ConsumerFinance.net http://www.consumerfinance.net/ Observatory on consumer lending and mortgage finance http://www.consumerfinance.net/?id_document=4681 Interview with Mr. Andrea Poletto, General Manager, Consum.it "We covered ourselves from possible mounting credit risk by decreasing our level of acceptance for new applications (...) to market level" Fri, 18 May 2012 00:00:00 +0200 http://www.consumerfinance.net/?id_document=4680 A. Poletto, Consum.it "We covered ourselves from possible mounting credit risk by decreasing our level of acceptance for new applications (...) to market level" Fri, 18 May 2012 00:00:00 +0200 http://www.consumerfinance.net/?id_document=4679 Interview with Mr. Heinz Gruber, Head of Denzel Bank, Austria "For 2012, we expect the consumer lending market to be pretty stable" Wed, 16 May 2012 00:00:00 +0200 http://www.consumerfinance.net/?id_document=4678 Heinz Gruber, Denzel Bank "For 2012, we expect the consumer lending market to be pretty stable" Wed, 16 May 2012 00:00:00 +0200 http://www.consumerfinance.net/?id_document=4677 Interview with Mr Song Wen Chang, President, Bank Of Beijing Consumer Finance Company by IHS "The central bank is looking to ease the short-term credit crunch. This represents a great opportunity for consumer finance." Tue, 15 May 2012 00:00:00 +0200 http://www.consumerfinance.net/?id_document=4676 Song Wen Chang, B. Of B. CFC "The central bank is looking to ease the short-term credit crunch. This represents a great opportunity for consumer finance." Tue, 15 May 2012 00:00:00 +0200 http://www.consumerfinance.net/?id_document=4675 Interview with George Georgakopoulos, Bancpost, Senior Executive Director, by IHS "Demand for consumer lending remains luke-warm." Mon, 07 May 2012 00:00:00 +0200 http://www.consumerfinance.net/?id_document=4674 G. Georgakopoulos, Bancpost "Demand for consumer lending remains luke-warm" Mon, 07 May 2012 00:00:00 +0200 http://www.consumerfinance.net/?id_document=4673 BMW invested heavily in financial services in India BMW doubled the amount it invested in its Indian financial service operation.  Tue, 01 May 2012 00:00:00 +0200 http://www.consumerfinance.net/?id_document=4672 ASFAC members' production dropped in 2011 Based on the latest data published by ASFAC (the Portuguese association of specialized credit institutions), aggregated production of new loans from ASFAC members went down 20.5% year-on-year in 2011. Thu, 26 Apr 2012 00:00:00 +0200 http://www.consumerfinance.net/?id_document=4671 Societe Generale Launches the First Digital Consumer Loan By the end of June, Societe Generale will launch the first fully-digital consumer loan. Thu, 19 Apr 2012 00:00:00 +0200 http://www.consumerfinance.net/?id_document=4670 HSBC to shut down Consumer Finance in Canada HSBC Bank Canada will wind down its local consumer finance operations after it failed to find a buyer. Thu, 29 Mar 2012 00:00:00 +0200 http://www.consumerfinance.net/?id_document=4669 Sberbank Became the Leading Credit Card Provider Sberbank surpassed Russian Standard as the leading provider of credit card loans in Russia over the fourth quarter of 2011. Fri, 23 Mar 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4668 Asia Motor Works Acquires FamilyCredit Indian heavy commercial vehicle manufacturer Asia Motor Works (AMW) acquires Société Générale's subsidiary FamilyCredit. Fri, 16 Mar 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4667 Apollo Global Management LLC close to buy MBNA Ireland Private equity firm Apollo Global Management LLC is said to be close to buy MBNA's Irish credit card operations. Fri, 09 Mar 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4666 Non-standard lender posted healthy profit growth Provident Financial plc (PFG) saw its profit before tax increased 17.6% over 2011. Wed, 07 Mar 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4665 Santander Acquires Kredyt Bank Santander acquired KBC's Polish subsidiary Kredyt Bank. Wed, 29 Feb 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4664 New regulation brought about decrease in credit card usage Danish leading grocery retailers reported a sharp drop in credit card use during the fourth quarter of 2011. Thu, 23 Feb 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4663 HDFC Bank to offer loans directly in offices India's second largest private sector lender is setting up loan kiosks in corporate offices. Tue, 21 Feb 2012 00:00:00 +0100 http://www.consumerfinance.net/?id_document=4662 Citibank Allowed to Issue Credit Cards Independently Citibank received the authorization to issue credit cards independently. Fri, 10 Feb 2012 00:00:00 +0100